Last week offered a bright spot in Los Angeles County deal activity as asking dollar volume ticked up among homes that went into contract. That’s after three straight weeks of declines in asking dollar volume among single-family and condominium signed contracts, according to the Eklund Weekly Luxury Report Los Angeles.
A federal appellate court has refused to rehear a lawsuit by Huntington Beach seeking to dodge a state requirement that the city plan for more homes. The U.S. Court of Appeals for the Ninth Circuit denied a request from Surf City to rehear its federal lawsuit challenging the state’s ability
Housing construction in Los Angeles turned sharply negative in the first quarter of 2025. Officials issued only 1,325 housing permits in the quarter — a 57 percent drop compared to the same period in 2024, according to a Los Angeles Times article based on a report by Hilgard Analytics. An
Keck Medicine of USC plans to open a second outpatient medical center in Pasadena, on a prime site directly across from Huntington Hospital. Development of the four-story, 100,000-square-foot medical office building at 590 South Fair Oaks Avenue represents a $250 million investment, according to a report from the Los Angeles
Two lawsuits filed in Los Angeles allege home insurers colluded to limit coverage in risky fire zones, forcing homeowners to use the more expensive state-sponsored insurance plan. The complaints name State Farm and 24 other insurance carriers that together control 75 percent of California’s market of illegally working together in
As real estate holds a collective breath to see whether a plan to expedite permitting in the Pacific Palisades will take hold citywide, some massive projects continue wending their way through Los Angeles’ development pipeline. The prospects of cutting permitting red tap across the city were raised Monday afternoon during
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